Last update: Oct 2026

Cost of Living Comparison Between Egilsstadir and Cebu

For one person, living is cheaper in Egilsstadir: $623 a month against $934 in Cebu, rent and utilities included – about $3,700 less a year. Higher rent and utilities in Cebu outweigh lower spending on other living expenses.

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Cost of Living Index in Cebu
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Cebu Living Index

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Egilsstadir

🇮🇸 Iceland

$623

/mo nomad

Cebu

🇵🇭 Philippines

$934

/mo nomad

Monthly Cost of Living

How much you'll spend in Egilsstadir and in Cebu

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Egilsstadir and in Cebu actually costs, broken down by who's living it.

Monthly costs for one person with rent: $623 in Egilsstadir versus $934 in Cebu.

Egilsstadir $623
Cebu $934

Estimated couple costs with rent: $1,044 in Egilsstadir versus $1,415 in Cebu.

Egilsstadir $1,044
Cebu $1,415

Monthly costs for a family of three with rent: $1,465 in Egilsstadir versus $1,896 in Cebu.

Egilsstadir $1,465
Cebu $1,896

Living in Egilsstadir costs roughly 33% less than in Cebu, and outside of rent the biggest gap is in groceries.

Both cities sit below the global median: Egilsstadir 53% lower, Cebu 30% lower.

Meal at Budget Restaurant

$3.03 ₱191

Three-Course Dinner for Two, Mid-Range

$23.48 ₱1,476

Fast Food Meal (McDonalds, etc)

$4.09 ₱257

Cappuccino

$2.52 ₱158

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.54 ₱97.2

Water (0.33 liter bottle)

$0.49 ₱31.06

Local Beer (0.5 liter draught)

$1.79 ₱113

Imported Beer (0.33 liter bottle)

$2.26 ₱142

Milk (1 liter)

$1.70 ISK 207

$1.95 ₱122

-12.82%

White Bread (500g)

$2.85 ISK 348

$1.43 ₱89.9

99.30%

Rice (white) (1kg)

$2.48 ISK 302

$1.02 ₱64.0

143.14%

Eggs

$5.85 ISK 712

$2.06 ₱129

183.98%

Local Cheese (1kg)

$22.28 ISK 2,715

$9.81 ₱617

127.12%

Chicken Fillets (1kg)

$33.23 ISK 4,049

$4.61 ₱290

620.82%

Beef Round Steak (1kg)

$43.56 ISK 5,308

$7.70 ₱484

465.71%

Apples (1kg)

$2.70 ISK 328

$3.31 ₱208

-18.43%

Banana (1kg)

$2.45 ISK 298

$1.45 ₱91.2

68.97%

Oranges (1kg)

$2.54 ISK 309

$2.36 ₱148

7.63%

Tomato (1kg)

$3.85 ISK 469

$1.54 ₱96.6

150.00%

Potato (1kg)

$4.40 ISK 536

$2.36 ₱148

86.44%

Onion (1kg)

$2.11 ISK 257

$1.99 ₱125

6.03%

Lettuce (1 head)

$2.20 ISK 268

$1.15 ₱72.3

91.30%

Water (1.5 liter bottle)

$2.22 ISK 270

$0.67 ₱42.26

231.34%

Cigarettes 20 Pack (Marlboro, Camel)

$3.00 ₱189

Wine (Bottle)

$22.37 ISK 2,726

$6.35 ₱399

252.28%

Local Beer (0.5 liter bottle)

$3.99 ISK 486

$1.31 ₱82.1

204.58%

Imported Beer (0.33 liter bottle)

$3.56 ISK 433

$1.73 ₱109

105.78%

One-way Ticket (Public Transport)

$0.25 ₱15.82

Public Transport Monthly Pass (Regular Price)

$12.65 ₱796

Taxi Start (Normal Tariff)

$6.11 ISK 744

$0.74 ₱46.44

725.68%

Taxi (Normal Tariff) (1km)

$0.21 ₱13.15

Taxi 1hour Waiting (Normal Tariff)

$4.33 ₱272

Gasoline (1 liter)

$2.33 ISK 284

$1.33 ₱83.7

75.19%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.8K ₱1.4M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$19.4K ₱1.2M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$121 ₱7,583

SIM Card Monthly Plan (Calls and 10GB+ Data)

$14.45 ₱909

Internet (50+ Mbps, Unlimited Data)

$28.29 ₱1,779

Gym Membership (Monthly)

$32.68 ₱2,055

Tennis Court (1 Hour on Weekend)

$6.39 ₱402

Cinema Ticket

$5.46 ₱343

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$273 ₱17.2K

International Primary School, 1 Child (Yearly)

$8,156 ₱512.9K

Jeans (Levis 501 Or Similar)

$49.57 ₱3,117

Summer Dress (H&M, Zara, etc)

$24.87 ₱1,564

Sport Shoes (Adidas, Nike)

$76.6 ₱4,817

Men's Leather Business Shoes

$59.3 ₱3,727

1-bedroom Apartment, City Center (Monthly)

$506 ₱31.8K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.5K

3-bedroom Apartment, City Center (Monthly)

$1,052 ₱66.1K

3-bedroom Apartment, Outside City Center (Monthly)

$619 ₱38.9K

Buy Apartment in City Center (m2)

$2,915 ₱183.4K

Buy Apartment Outside City Center (m2)

$1,867 ₱117.4K

Average Monthly Net Salary (After Tax)

$341 ₱21.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

7.2

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Egilsstadir: October 5, 2026

Last update for Cebu: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Egilsstadir

–

Cebu

$309 33.5%

Groceries & Markets

Egilsstadir

–

Cebu

$210 22.7%

Monthly Utilities & Internet

Egilsstadir

–

Cebu

$163 17.7%

Clothing & Footwear

Egilsstadir

–

Cebu

$95 10.2%

Eating Out

Egilsstadir

–

Cebu

$88 9.6%

Sport & Entertainment

Egilsstadir

–

Cebu

$44 4.7%

Getting Around

Egilsstadir

–

Cebu

$15 1.7%

Good to know

🇮🇸 Egilsstadir

🇵🇭 Cebu

🕒 Local time

07:10 7:10 AM

15:10 3:10 PM

8 h ahead of Egilsstadir

🌤 Weather

👥 Population

2,500

964,169

💱 Currency

Icelandic Króna ISK kr

Philippine Peso PHP ₱

📈 Exchange rate

1,000 ISK = 8.21 USD

1,000 ISK = 7.32 EUR

100 PHP = 1.59 USD

100 PHP = 1.42 EUR

Exchange rates and currency converter

PHP, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

Philippine Peso exchange rates as of October 10, 2026: 1 USD = 62.89 PHP (100 PHP = 1.59 USD). 1 EUR = 70.54 PHP (100 PHP = 1.42 EUR).

USD to ISK in detail →

On the map

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Between locations

Egilsstadir Cebu 10,940 km ≈ 14 h nonstop flight

From you

Egilsstadir
Cebu

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Egilsstadir vs Cebu: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in transport, eating out, and utilities. The 50% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $935 in Egilsstadir and $1,401 in Cebu to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Cebu pay roughly 197% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $623 per month in Egilsstadir versus $934 in Cebu – a 50% gap that adds up to real savings over time for anyone picking the cheaper option.

Either city works on $1,000 a month, though Egilsstadir gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

For families, Egilsstadir is more practical. Housing and childcare are both notably cheaper than in Cebu, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Egilsstadir and Cebu are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 50% less than in Cebu. Beyond cost, consider language, visa policies, and how big the international community is in each city.